First National Bank Mansfield v. Nelson (In Re Nelson)

MEMORANDUM OPINION

ROBERT C. McGUIRE, Chief Judge.

Following are the Court’s findings of fact and conclusions of law pursuant to Bankruptcy Rule 7052, with respect to the trial of the above adversary proceeding on May 14-16, 1991.

Claims and Defenses

The claims and defenses of the parties are as follows.

The debtor in the above-styled adversary proceeding, Michael Lane Nelson (“Defendant”), alleges that First National Bank Mansfield (“Plaintiff”) does not have a valid and enforceable deed of trust lien on the real property located at 8224 Grapevine Highway, North Richland Hills, Texas, for the…